How Do You See Your Business? Is It a Business or a Hobby?

The beginning of a new year is always a good time to do a check up, from the neck up. Mainly, a good time to take a good look at our mindset regarding our business to see if we truly do have a business mindset. In light of that … this post is a republished version of a post I did about 6 months ago. I still see a lot of evidence online that business owners don’t always treat their businesses like a business, so it’s still a timely post. Here you go …

I’ve been thinking a lot about mindset lately. Particularly regarding business. What’s interesting, is our mindset can be a tricky thing. We “think” we know what our business mindset is, but when we get down and dirty and dig in, we sometimes find out it isn’t what we thought it was.

As a short back story, I was in the hospital a couple of years ago. It was serious enough that I almost didn’t make it out! When something this serious happens, priorities are bound to change. I know mine did. So much that my brain shifted into retirement mode for the rest of the year. Obviously I didn’t retire, but my brain didn’t catch on until it was almost too late. I’m so glad I was able to change my mind and get my brain back on track!

When I look back and consider the year my brain retired, I realize I did NOT have the mindset of a business owner. I looked at my business as a business, but I didn’t really treat it as a business, because I was too busy enjoying retirement (or so I thought). Nor did I do what I had to do to make it a business. I stopped marketing. I stopped attending conferences and events. And I didn’t keep my focus where it should have been. Let’s just say I’ve paid dearly for my lack of mindset as a business owner. Thankfully, that’s no longer the case.

My personal experience or circumstance is just one way our mindset (or lack of it) can affect our businesses. Different situations or circumstances affect each of us in different ways, and will have a definite impact on our mindset. Good or bad.

When you look at your business, is it as profitable or as successful as you’d like it to be?

Does it still bring you joy, or do you dread getting up and starting your business day?

If it’s not as successful as you’d like, or it no longer brings you joy, maybe you should take a long, hard look at how you view it. What is your mindset about your business?

Are you treating your business as a business, or is it just a job to you? Or … is it more of a hobby – or a way to earn some pocket change? Is it just a means to an end?

No matter what your reasons were for starting your own business, if your goal is to earn an income, then you MUST have the mindset of a business owner. If you don’t want to earn an income, then you have a hobby and there’s no need to continue reading this post.

For those of you who DO want to earn an income, make a profit and have a successful business; if you get nothing else out of this blog post, remember this one thing …

If you’re going to have a business – a successful business, you MUST have the mindset of a business owner. Look at your business as a business, treat it as a business, and do what you have to do to make it a business.

So, if things aren’t progressing as you think they should, business success isn’t as great as you thought it would be by now, or isn’t as good as it once was, you might want to take a look at your mindset regarding your business.

As we plummet into a bright and shiny new year, you might want to ask yourself the following questions.

Are you really looking at your business as a business? Are you treating it as a business, or as a hobby?

If your mindset isn’t that of a business owner and you’re treating it like a hobby, think about what you need to do to change it.

Then go do it!

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In business since 1991, Terry Green is the founder/CEO/President of BizEase Support Solutions, an American-based, online marketing support company comprised of a team of talented professionals from around North America. BizEase excels at providing speakers and business coaches worldwide with seamless online marketing solutions, from setting up shopping carts and editing video, to writing blog posts and managing Social Media and PR campaigns. BizEase clients (who span five continents) take great joy in allowing the BizEase team to take care of the details so they can get back to doing what they do best! Click here to get our weekly tips ezine delivered to your inbox every Friday, with tips on plugins, apps, and tools to make you more productive today!
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